ReTo Regained Compliance with Nasdaq's Minimum Bid Price Requirement

Core Viewpoint - ReTo Eco-Solutions, Inc. has regained compliance with Nasdaq's minimum bid price requirement and will remain under a Discretionary Panel Monitor for one year [1]. Group 1: Company Compliance - ReTo Eco-Solutions, Inc. received a letter from Nasdaq confirming compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) [1]. - The Nasdaq Hearings Panel concluded that the company has met the necessary criteria for compliance [1]. - The company will be monitored under a Discretionary Panel Monitor for a one-year period from the date of the letter [1]. Group 2: Company Overview - ReTo Eco-Solutions, Inc. was founded in 1999 and operates in China, focusing on ecological environment protection equipment and intelligent equipment [2]. - The company is involved in research and development, manufacturing, and sales of its products, along with providing consultation, design, implementation, installation, and engineering support services [2].